This report, based on figures released by Statistics Portugal (INE) in February 2017, states that there was an increase of 0.3% in the result observed in the previous month and more than 5.7% when compared with the same period last year.
In particular, the Algarve region, very well known for its Mediterranean climate, with over 3,000 hours of sunshine per year, the most beautiful beaches in Europe, golf resorts and undiscovered nature, had the most impressive increase of 1.3% compared to January 2017 and an impressive rise of 8.7% compared to February of last year.
There are several reasons for this increase, such as: the special tax measures for the non-habitual residents, the Golden Visa programme, the safe political environment, the way of living, the lovely weather and the incomparable gastronomy.
Yet, there are still special properties for very good prices. There is real estate, for example villas and apartments, selling for very competitive prices that could be a sound rental investment, as the rental market continues to provide generous returns.
Also, invest in a business as a B&B, guesthouse, or even, a hotel and you can generate high revenues.
In addition to being a beautiful place to live, with its pleasant climate; from a foreign buyer’s perspective, buying a property in the Algarve is amazingly good value for money.
That is why the Abacoz team always says: “Whatever your budget and, whatever your requirements, our team is devoted to finding the best properties for you!”
If you wish to sell or buy a property and are looking for a professional and personal approach,don’t hesitate to contact us or visit us in our office in the Lagos Marina (next to the Wax Museum).

For further information, Tel: +351 282 044 886, email: info@abacoz-properties.com or visit: www.abacoz-properties.com